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Indian markets decline on Thursday

| | Jun 16, 2016, at 09:38 pm
Mumbai, Jun 16 (IBNS): The Indian market again fell into a rut on Thursday -- after posting gains on Wednesday -- with the Sensex down 200.88 points to 26525.46, and the Nifty down 65.85 points to 8140.75.
Other Asian markets saw heavy selling after Bank of Japan kept its key policy rates unchanged and did not offer any stimulus, which had a negative effect on the Indian market.
 
Market sentiments also took a beating based on weak global cues arising from global growth concerns mentioned by US Fed Chief Janet Yellen, who left the interest rates unchanged  and concerns over Britain's likely decision to stay out of the European Union.
 
On Thursday, some of the major gainers included Asian Paints, Wipro, GAIL, HUL, Eicher Motors  and Tata Motors while ITC, ICICI Bank, Maruti, Bajaj Auto, Adani Ports, Bharti, NTPC and L&T were losers.

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